InvestorsHub Logo
Followers 44
Posts 6646
Boards Moderated 0
Alias Born 01/23/2017

Re: newflow post# 727594

Friday, 05/10/2024 12:19:38 PM

Friday, May 10, 2024 12:19:38 PM

Post# of 728539
nothing was sinister about that... its all documented in the filings, so whether I included Wmil-t , or not, it makes no difference...however, to be exact, why was WMIL-T included in the filings that Title to all assets belong to WMI, JPMC, FDIC, and WMIL-T?.....in order for WMIL-T to make distributions to Creditors in the chapter 11 closure, they would have had to have Title to the assets they distributed... for example:... 7 trusts were liquidated by WMMRC, and assets held in WMIIC, and they would have had to have Title to these assets before A/M could liquidate them...also, when the GSA came to an agreement between all parties, cross claims settled between the parties could ONLY BE DONE IF THE SETTLING PARTY HAD TITLE TO HIS ASSETS!!!!!!!!....said another way:... one cannot bargain away an asset if he does not own it!!!!...so, there was nothing sinister in the omission of WMIL-T in my post... Lodas
I am only allowed 3 posts per day...so sometimes I only use my allotment wisely...I am done for today
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent COOP News